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State FY2022 Revenue Projects Increased to $21.6B

December 16th, 2021 by WCBC Radio

The Maryland Board of Revenue Estimates is apparently feeling bullish over the state's fiscal year forecasts. The board this week voted to increase revenue projections for Fiscal Year 2022 to $21.6 billion, representing a $495 million increase from September estimates. Additionally, the board adjusted the official revenue forecast for Fiscal Year 2023 upward by $543 million to $22.8 billion. David Brinkley is the state’s Secretary of Budget and Management…

Brinkley cautioned that despite the improving fiscal picture,  as long as the pandemic continues,  such revenue projections are anything but certain…